PPP Loan information for Ocean exploration trust, inc

$348,785

Ocean exploration trust, inc was initially approved for PPP Loan of amount $348,785, the current approved amount is $348,785. The loan was approved on 04/16/2020 by The JPMorgan Chase Bank, National Association reported 20 jobs and $348,785 was used to fund payroll.

Ocean exploration trust, inc is Existing or more than 2 years old

PPP Loan Search / CT / NEW LONDON / Ocean exploration trust, inc

OCEAN EXPLORATION TRUST, INC

Date Approved

04/16/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

OCEAN EXPLORATION TRUST, INC

Borrower Address

613 WILLIAMS ST

Borrower City

NEW LONDON

Borrower State

CT

Borrower Zip

06320

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

348785.00

Current Approval Amount

348785.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEW LONDON

Project County Name

NEW LONDON

Project State

CT

Project Zip

06320-0001

CD

CT-02

Jobs Reported

20

NAICS Code

541715

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2347.00

Payroll Proceed

325752.00

Mortgage Interest Proceed

0.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

14686.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

351472.00

Forgiveness Date

01/26/2021

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